Over The Last 10 Years The US Economy Has Grown At Exactly The Same Rate As It Did During The 1930s | Zero Hedge

The following are U.S. GDP growth rates for every year during the 1930s…1930: -8.531: -6.432: -12.933: -1.334: 10.835: 8.936: 12.937: 5.138: -3.339: 8.0%When you average all of those years together, you get an average rate of economic growth of 1.33 percent.That is really bad, but it is the kind of number that one would expect from “the Great Depression”.So then I looked up the numbers for the last ten years…2007: 1.808: -0.309: -2.810: 2.511: 1.612: 2.213: 1.714: 2.415: 2.616: 1.6%When you average these years together, you get an average rate of economic growth of 1.33 percent.

Source: Over The Last 10 Years The US Economy Has Grown At Exactly The Same Rate As It Did During The 1930s | Zero Hedge

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